News

25.01.2022

China–Europe shippers bucking pre-CNY rush: forwarders

Ongoing COVID-19 outbreaks in China that have impacted trucking and labor activities led manufacturers to ship early though ports such as Yantian (pictured). Photo credit: Shutterstock.com. […]
25.01.2022

GPA extends pop-up yard leases to aid Savannah

The Georgia Ports Authority said the combination of pop-up storage yards and the Peak Capacity Project to add container slots inside the Garden City Terminal have […]
25.01.2022

LA-LB considering new plan to reduce empty containers

Empty containers now account for 47 percent of the containers at Los Angeles-Long Beach terminals. Photo credit: Shutterstock.com. The ports of Los Angeles and Long Beach […]
25.01.2022

Container lines on course for $163 billion profit in 2022: HSBC

Highly elevated rate levels are allowing carriers to increase per container revenues despite flat — or in some cases lower — volumes. Photo credit: Shutterstock The […]
25.01.2022

Cross-border platform channels pandemic-led growth into venture investment

Passport acquired parcel aggregator Access Worldwide in August to enhance its ability to serve the first-mile leg for brands needing to fulfill cross-border e-commerce orders. Photo […]
25.01.2022

US offshore wind buildout will require additional assets, labor

Industry experts say that eventually all bodies of water will have wind turbines. Credit: Shutterstock A significant increase in global offshore wind capacity in 2021 bodes […]
24.01.2022

OOCL doubles annual revenue amid ‘severe congestion’

Average revenue OOCL earned per TEU grew 142 percent year over year in the fourth quarter of 2021. Photo credit: Shutterstock.com. Ocean carrier OOCL more than […]
24.01.2022

Proposed legislation would tighten US de minimis rules

Shipments of de minimis goods have exploded as more sites allow US shoppers to reach overseas sellers more easily. Photo credit: Shutterstock.com. Legislation introduced in the […]
24.01.2022

Receding imports to ease US port congestion, but not until late 2022

IHS Markit expects US GDP to grow 4.1 percent in 2022 following a 5.7 percent increase in 2021. Photo credit: Ritu Manoj Jethani / Shutterstock.com. The […]
24.01.2022

Ocean carriers warn of ‘corrupting’ changes to EU emissions rules

All shipping emissions from intra-Europe vessels will be included in the ETS, and 50 percent of the emissions from extra-Europe voyages, in a measure to be […]